2008 (6) TMI 64

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..... transaction value - no evidence that any extra money has flowed back to the foreign supplier of the goods – contract of importer & supplier is detailed and there s no doubt n respect of contract – Transaction Value acceptable - C/354/2004 - A/1130/2008-WZB/AHD - Dated:- 9-6-2008 - Ms. Archana Wadhwa, Member (J) and Shri B.S.V. Murthy, Member (T) Shri S. Suriyanarayanan, Advocate, for the A .....

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..... gher, which resulted in a better price, that terms of Binani were different from them, that they were required to pay 90% of the amount immediately, whereas Binani was given 180 days to make said payment. 3. The above plea did not find favour with the Dy. Commissioner, who enhanced the price by USD 1.55 PMT by giving allowance on account of the variance in the two importation. On appeal agains .....

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..... d back to the supplier of the goods. In these circumstances, there was no justification for rejection of the transaction value and to arrive at. assessable value in terms of residuary rules. As such, we do not find any merit in the orders of the lower authority and set aside the same. 5. Appeal is, accordingly, allowed with consequential relief to the appellant. (Pronounced in Court on 9-6-2 .....

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